Annual Report
For the Year Ended
September 30, 2023
First Trust Exchange-Traded Fund VI
Book 1
First Trust NASDAQ Technology Dividend Index Fund
(TDIV)
Multi-Asset Diversified Income Index Fund (MDIV)
First Trust S&P International Dividend Aristocrats ETF (FID)
First Trust BuyWrite Income ETF (FTHI)
First Trust Nasdaq BuyWrite Income ETF (FTQI)
First Trust Rising Dividend Achievers ETF (RDVY)
First Trust Dorsey Wright Focus 5 ETF (FV)
First Trust RBA American Industrial Renaissance® ETF (AIRR)
First Trust Dorsey Wright Momentum & Dividend ETF
(DDIV)
First Trust Dorsey Wright International Focus 5 ETF (IFV)
First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC)
First Trust Indxx Innovative Transaction & Process ETF
(LEGR)
First Trust Nasdaq Artificial Intelligence and Robotics ETF
(ROBT)
First Trust International Developed Capital Strength ETF
(FICS)

Table of Contents
First Trust Exchange-Traded Fund VI
Annual Report
September 30, 2023
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141

Caution Regarding Forward-Looking Statements
This report contains certain forward-looking statements within the meaning of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding the goals, beliefs, plans or current expectations of First Trust Advisors L.P. (“First Trust” or the “Advisor”) and its representatives, taking into account the information currently available to them. Forward-looking statements include all statements that do not relate solely to current or historical fact. For example, forward-looking statements include the use of words such as “anticipate,” “estimate,” “intend,” “expect,” “believe,” “plan,” “may,” “should,” “would” or other words that convey uncertainty of future events or outcomes.
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of any series of First Trust Exchange-Traded Fund VI (the “Trust”) described in this report (each such series is referred to as a “Fund” and collectively, as the “Funds”) to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. When evaluating the information included in this report, you are cautioned not to place undue reliance on these forward-looking statements, which reflect the judgment of the Advisor and its representatives only as of the date hereof. We undertake no obligation to publicly revise or update these forward-looking statements to reflect events and circumstances that arise after the date hereof.
Performance and Risk Disclosure
There is no assurance that any Fund described in this report will achieve its investment objectives. Each Fund is subject to market risk, which is the possibility that the market values of securities owned by the Fund will decline and that the value of the Fund’s shares may therefore be less than what you paid for them. Accordingly, you can lose money by investing in a Fund. See “Risk Considerations” in the Additional Information section of this report for a discussion of certain other risks of investing in the Funds.
Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. For the most recent month-end performance figures, please visit www.ftportfolios.com or speak with your financial advisor. Investment returns, net asset value and share price will fluctuate and Fund shares, when sold, may be worth more or less than their original cost.
The Advisor may also periodically provide additional information on Fund performance on each Fund’s webpage at www.ftportfolios.com.
How to Read This Report
This report contains information that may help you evaluate your investment. It includes details about each Fund and presents data and analysis that provide insight into each Fund’s performance and investment approach.
By reading the market overview by Robert F. Carey, Chief Market Strategist of the Advisor, and the portfolio commentary from the portfolio management team of the Funds, as applicable, you may obtain an understanding of how the market environment affected the performance of each Fund. The statistical information that follows may help you understand each Fund’s performance compared to that of relevant market benchmarks.
It is important to keep in mind that the opinions expressed by personnel of the Advisor are just that:informed opinions. They should not be considered to be promises or advice. The opinions, like the statistics, cover the period through the date on the cover of this report. The material risks of investing in each Fund are spelled out in its prospectus, statement of additional information, and other Fund regulatory filings.
Page 1

Shareholder Letter
First Trust Exchange-Traded Fund VI
Annual Letter from the Chairman and CEO
September 30, 2023
Dear Shareholders,
First Trust is pleased to provide you with the annual report for certain series of the First Trust Exchange-Traded Fund VI (the “Funds”), which contains detailed information about the Funds for the twelve months ended September 30, 2023.
A famous financial industry quote came to mind as I was sizing up the current business climate:“Wall Street has a few prudent principles; the trouble is that they are always forgotten when they are most needed.” The past year has been a time when those who stuck with their principles were rewarded, in my opinion. The financial markets continue to battle a myriad of headwinds, from geopolitical uncertainty resulting from war (Israel and Hamas and the conflict between Russia and Ukraine), to slowing global economic growth and inflation. Inflation, for one, has remained persistently high. A common measure of inflation is the 12-month rate of change in the Consumer Price Index (“CPI”). The CPI stood at 3.7% on September 30, 2023, significantly lower than its most recent high of 9.1% set on June 30, 2022, but up from its most recent low of 3.0% on June 30, 2023. Considering this, as well as other better-than-expected economic data, the Federal Reserve recently noted that the Federal Funds target rate will need to remain elevated for a longer period than previously expected.
As many investors are likely aware, a higher Federal Funds target rate has deep implications for consumers. Perhaps the most obvious area impacted by higher rates is housing. The national average for a 30-year mortgage stood at 7.99% as of October 18, 2023, up from 3.22% on October 20, 2021. Higher mortgage rates, coupled with high home prices, are stretching U.S. home affordability. The monthly payment on a median-priced home ($407,100 in August 2023) with a 20% down payment, and a mortgage rate of 7.99%, comes in at $2,387. It is not just mortgage rates that are pressuring the budgets of U.S. households. Debt payments on car loans and credit cards are showing signs of weakness as well. Data from the Federal Reserve Bank of New York revealed that the rate of new credit card and new auto loan delinquencies stood at 7.2% and 7.3%, respectively, in the second quarter of 2023 (most recent data), surpassing pre-pandemic levels.
While headwinds to the global economy exist, not all the news is bad. Driven by technological developments in artificial intelligence, the U.S. equity markets have had a phenomenal year. Year-to-date through September 30, 2023, the S&P 500® Index has enjoyed a total return of 13.07%. Additionally, the U.S. exported a record 20.4 billion cubic feet per day (“Bcf/d”) of natural gas and 11.6 Bcf/d of liquefied natural gas (“LNG”) over the first six months of the year, making the U.S. the world’s largest exporter of LNG during the period. It can be tempting to deviate from fundamentals when times get tough, but we continue to encourage investors to hold fast to their principles; they will serve you for years to come.
Thank you for giving First Trust the opportunity to play a role in your financial future. We value our relationship with you and will report on the Funds again in six months.
Sincerely,
James A. Bowen
Chairman of the Board of Trustees
Chief Executive Officer of First Trust Advisors L.P.
Page 2

Market Overview
First Trust Exchange-Traded Fund VI
Annual Report
September 30, 2023 
Robert F. Carey, CFA
Senior Vice President and Chief Market Strategist
First Trust Advisors L.P.
Mr. Carey is responsible for the overall management of research and analysis of the First Trust product line. Mr. Carey has more than 30 years of experience as an Equity and Fixed-Income Analyst and is a recipient of the Chartered Financial Analyst (“CFA”) designation. He is a graduate of the University of Illinois at Champaign-Urbana with a B.S. in Physics. He is also a member of the Investment Analysts Society of Chicago and the CFA Institute. Mr. Carey has appeared as a guest on such programs as Bloomberg TV, CNBC, and WBBM Radio, and has been quoted by several publications, including The Wall Street Journal, The Wall Street Reporter, Bloomberg News Service and Registered Rep.
State of the Global Economy
The latest global growth forecast from the International Monetary Fund (“IMF”) released in October 2023 sees real gross domestic product growth rising by 3.0% worldwide in 2023, up from its 2.9% projection in January 2023. The IMF is currently forecasting a 2.1% growth rate for the U.S., up from its January 2023 estimate of 1.4%. Emerging Market and Developing Economies are expected to grow by 4.0% this year, unchanged from the IMF’s 4.0% estimate in January 2023. The IMF notes that risks to their global outlook remain tilted to the downside, citing the real estate crisis in China, the potential for increased volatility among commodity prices, and uncomfortably high inflation, among other reasons, for their outlook.
In the U.S., inflation, as measured by the Consumer Price Index (“CPI”), stood at 3.7% on a trailing 12-month basis at the end of September 2023, according to the U.S. Bureau of Labor Statistics. While this is significantly lower than the most recent high of 9.1% in June 2022, the September 2023 CPI reading reflects a re-acceleration in the metric when compared to its most recent low of 3.0% set on June 30, 2023.
Performance of Global Stocks and Bonds
The major U.S. stock indices delivered positive results over the past 12 months. The S&P 500® (the “Index”), S&P MidCap 400® and S&P SmallCap 600® Indices posted total returns of 21.62%, 15.51% and 10.08%, respectively, for the 12-month period ended September 30, 2023. Nine of the 11 major sectors that comprise the Index were positive on a total return basis. The top performer was the Information Technology sector, up 41.10%, while the worst showing came from the Utilities sector, down 7.02%.
A Bloomberg survey of twenty-two equity strategists found that their average 2023 year-end price target for the Index was 4,370 as of October 18, 2023, according to its own release. The highest and lowest estimates were 4,900 and 3,700, respectively. The Index closed trading on September 29, 2023, at 4,288.05. Bloomberg’s consensus year-over-year earnings growth rate estimates for the Index for the 2023 and 2024 calendar years stood at -2.83% and 11.89%, respectively, as of October 13, 2023.
The broader foreign stock indices experienced positive total returns over the past year. For the 12-month period ended September 30, 2023, the MSCI World ex USA and MSCI Emerging Markets equity indices posted total returns of 24.00% (USD) and 11.70% (USD), respectively, according to Bloomberg. The major foreign bond indices were also up over the same period. The Bloomberg Global Aggregate Index of higher quality debt posted a total return of 2.24% (USD), while the Bloomberg EM Hard Currency Aggregate Index of emerging markets debt rose by 8.57% (USD), according to Bloomberg. The U.S. dollar fell 5.30% over the past 12 months against a basket of major currencies, as measured by the U.S. Dollar Index. The decrease in the dollar provided a boost to the performance of both foreign stock and bond indices, in our opinion.
Results were also positive in the U.S. bond market over the period. The top performing major debt group we track was intermediate U.S. high yield bonds. The Bloomberg Intermediate U.S. High Yield Index posted a total return of 10.34% for the 12-month period ended September 30, 2023. The worst performing U.S. debt group that we track was the Ginnie Mae 30-Year Bond. The Bloomberg Ginnie Mae 30-Year Index posted a total return of 0.29%. The yield on the benchmark 10-Year Treasury Note (“T-Note”) rose by 74 basis points in the period to close at 4.57% on September 29, 2023, according to Bloomberg. For comparative purposes, the average yield on the 10-Year T-Note was 2.27% for the 10-year period ended September 30, 2023.
Page 3

Fund Performance Overview (Unaudited)
First Trust NASDAQ Technology Dividend Index Fund (TDIV)
The First Trust NASDAQ Technology Dividend Index Fund (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an equity index called the Nasdaq Technology DividendTM Index (the “Index”). The shares of the Fund are listed and trade on Nasdaq, Inc. under the ticker symbol “TDIV.” The Fund normally invests at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the Index.
The Index includes up to 100 technology and telecommunications companies that pay a regular or common dividend. To be selected for the Index, a company must be classified as a technology or telecommunications company under the Industry Classification Benchmark and have a minimum market capitalization of $500 million. The Index may include U.S.-listed securities of non-U.S. companies, including companies located in emerging market countries.
Performance
 
 
Average Annual Total Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
10 Years
Ended
9/30/23
Inception
(8/13/12)
to 9/30/23
5 Years
Ended
9/30/23
10 Years
Ended
9/30/23
Inception
(8/13/12)
to 9/30/23
Fund Performance
NAV
31.22%
10.32%
12.21%
12.44%
63.43%
216.33%
268.99%
Market Price
31.22%
10.34%
12.20%
12.45%
63.55%
216.22%
269.01%
Index Performance
Nasdaq Technology DividendTM Index
32.10%
11.02%
12.92%
13.16%
68.67%
237.10%
296.15%
S&P 500® Index
21.62%
9.92%
11.91%
12.70%
60.44%
208.21%
278.49%
S&P 500® Information Technology Index
41.10%
18.40%
20.38%
19.10%
132.63%
539.17%
600.18%
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund generated a net asset value (“NAV”) return of 31.22% during the 12-month period covered by this report. During the same period, the S&P 500® Index (the “Benchmark”) generated a return of 21.62%. 86.1% of the Fund was allocated to the Information Technology sector and 12.8% went to Communication Services. The greatest industry allocation, and most significant contribution to the Fund’s return, was in the Semiconductors & Semiconductor Equipment industry, within the Information Technology sector. This industry carried an average weight of 37.3% in the Fund and contributed 16.7% to the Fund’s overall return. No sector had a negative contribution to the Fund’s return. The industry with the most negative contribution to the Fund’s return was the Diversified Telecommunication Services industry, within the Communication Services sector. This industry’s allocation in the Fund was 7.5% and accounted for -0.7% drag on the Fund’s performance.

Nasdaq® and Nasdaq Technology DividendTM Index are registered trademarks and service marks of Nasdaq, Inc. (together with its affiliates hereinafter referred to as the “Corporations”) and are licensed for use by First Trust. The Fund has not been passed on by the Corporations as to its legality or suitability. The Fund is not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.
Page 4

Fund Performance Overview (Unaudited) (Continued)
First Trust NASDAQ Technology Dividend Index Fund (TDIV) (Continued)
Sector Allocation
% of Total
Long-Term
Investments
Information Technology
84.3%
Communication Services
14.2
Industrials
1.5
Total
100.0%
Top Ten Holdings
% of Total
Long-Term
Investments
Microsoft Corp.
8.2%
International Business Machines Corp.
8.2
Texas Instruments, Inc.
8.1
Broadcom, Inc.
7.7
Oracle Corp.
7.0
QUALCOMM, Inc.
4.1
Analog Devices, Inc.
3.4
Motorola Solutions, Inc.
2.0
NXP Semiconductors N.V.
2.0
Comcast Corp., Class A
2.0
Total
52.7%
Performance figures assume reinvestment of
all distributions and do not reflect the
deduction of taxes that a shareholder would
pay on Fund distributions or the redemption
or sale of Fund shares. An index is a statistical
composite that tracks a specified financial
market or sector. Unlike the Fund, the indices
do not actually hold a portfolio of securities
and therefore do not incur the expenses
incurred by the Fund. These expenses
negatively impact the performance of the
Fund. The Fund’s past performance does not
predict future performance.
Frequency Distribution of Discounts and Premiums
Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter) is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Page 5

Fund Performance Overview (Unaudited) (Continued)
Multi-Asset Diversified Income Index Fund (MDIV)
The Multi-Asset Diversified Income Index Fund (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Nasdaq US Multi-Asset Diversified IncomeTM Index (the “Index”). The shares of the Fund are listed and trade on Nasdaq, Inc. under the ticker symbol “MDIV.” The Fund normally invests at least 90% of its net assets (including investment borrowings) in the common stocks and/or depositary receipts, real estate investment trusts (“REITs”), preferred securities, master limited partnerships (“MLPs”) and an exchange-traded fund (“ETF”) that comprise the Index. The Index allocates 20% of its weight to the equity securities segment, 20% of its weight to the REIT segment, 20% of its weight to the preferred stocks segment, 20% of its weight to the MLP segment and 20% of its weight to an ETF that invests in high yield corporate debt securities. The ETF in which the Fund invests may be advised by First Trust Advisors L.P.
The Index is designed to provide exposure to five asset segments, each selected to result in a consistent and high yield for the Index. The Index is reconstituted and rebalanced quarterly and the Fund will make corresponding changes to its portfolio shortly after the Index changes are made public.
Performance
 
 
Average Annual Total Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
10 Years
Ended
9/30/23
Inception
(8/13/12)
to 9/30/23
5 Years
Ended
9/30/23
10 Years
Ended
9/30/23
Inception
(8/13/12)
to 9/30/23
Fund Performance
NAV
8.05%
1.30%
2.70%
3.25%
6.68%
30.56%
42.78%
Market Price
7.98%
1.31%
2.70%
3.25%
6.74%
30.56%
42.78%
Index Performance
Nasdaq US Multi-Asset Diversified
IncomeTM Index
8.69%
1.85%
3.33%
3.89%
9.60%
38.76%
52.93%
S&P 500® Index
21.62%
9.92%
11.91%
12.70%
60.44%
208.21%
278.49%
Dow Jones U.S. Select DividendTM Index(1)
4.84%
5.76%
9.09%
10.00%
32.31%
138.77%
189.04%
(1)
The Dow Jones U.S. Select DividendTM Index represents 100 of the United States’ leading stocks by dividend yield.
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund generated a NAV return of 8.05% during the 12-month period covered by this report. During the same period, the S&P 500® Index (the “Benchmark”) generated a return of 21.62%. The Fund seeks to invest approximately 20% of its assets in each of five categories:Equities, REITs, Preferred Securities, MLPs, and a high-yield corporate debt ETF. During the period covered by this report, the most significant positive contribution came from the allocation to MLPs, which contributed 4.4% to the Fund’s overall return. During the period, none of the five categories had a negative contribution to the Fund’s overall return.

Nasdaq® and Nasdaq US Multi-Asset Diversified IncomeTM Index are registered trademarks and service marks of Nasdaq, Inc. (together with its affiliates hereinafter referred to as the “Corporations”) and are licensed for use by First Trust. The Fund has not been passed on by the Corporations as to its legality or suitability. The Fund is not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.
Page 6

Fund Performance Overview (Unaudited) (Continued)
Multi-Asset Diversified Income Index Fund (MDIV) (Continued)
Sector Allocation
% of Total
Long-Term
Investments
Energy
24.4%
Financials
20.7
Other*
20.0
Real Estate
14.9
Consumer Staples
5.8
Utilities
5.7
Industrials
4.0
Health Care
1.3
Communication Services
1.2
Consumer Discretionary
0.8
Materials
0.8
Information Technology
0.4
Total
100.0%
*
ETF with holdings representing multiple sectors.
Top Ten Holdings
% of Total
Long-Term
Investments
First Trust Tactical High Yield ETF
20.0%
Icahn Enterprises, L.P.
1.8
Ready Capital Corp.
1.4
Alliance Resource Partners, L.P.
1.3
Rithm Capital Corp.
1.3
Starwood Property Trust, Inc.
1.2
Dorchester Minerals, L.P.
1.2
Ladder Capital Corp.
1.1
USA Compression Partners, L.P.
1.1
NuStar Logistics, L.P.
1.1
Total
31.5%
Performance figures assume reinvestment of
all distributions and do not reflect the
deduction of taxes that a shareholder would
pay on Fund distributions or the redemption
or sale of Fund shares. An index is a statistical
composite that tracks a specified financial
market or sector. Unlike the Fund, the indices
do not actually hold a portfolio of securities
and therefore do not incur the expenses
incurred by the Fund. These expenses
negatively impact the performance of the
Fund. The Fund’s past performance does not
predict future performance.
Frequency Distribution of Discounts and Premiums
Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter) is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Page 7

Fund Performance Overview (Unaudited) (Continued)
First Trust S&P International Dividend Aristocrats ETF (FID)
The First Trust S&P International Dividend Aristocrats ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the S&P International Dividend Aristocrats Index (the “Index”). The shares of the Fund are listed and trade on Nasdaq, Inc. under the ticker symbol “FID.” The Fund normally invests at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Index measures the performance of high dividend yielding companies that have followed a managed-dividends policy of increasing or maintaining dividends for at least ten consecutive years.
Performance
 
 
Average Annual Total Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
10 Years
Ended
9/30/23
Inception
(8/22/13)
to 9/30/23
5 Years
Ended
9/30/23
10 Years
Ended
9/30/23
Inception
(8/22/13)
to 9/30/23
Fund Performance
NAV
11.60%
0.93%
1.21%
1.57%
4.75%
12.82%
17.11%
Market Price
11.60%
0.96%
1.20%
1.58%
4.87%
12.72%
17.17%
Index Performance
S&P International Dividend Aristocrats
Index(1)
13.15%
2.23%
N/A
N/A
11.68%
N/A
N/A
Dow Jones EPAC Select DividendTM
Index(2)
20.29%
1.34%
2.14%
2.71%
6.88%
23.63%
31.06%
MSCI World ex USA Index
24.00%
3.44%
3.84%
4.29%
18.41%
45.76%
52.94%
(1)
On August 30, 2018, the Fund’s underlying index changed from the Nasdaq International Multi-Asset Diversified IncomeTM Index to the S&P
International Dividend Aristocrats Index (the “Index”). Therefore, the Fund’s performance and historical returns shown for the periods prior to
August 30, 2018, are not necessarily indicative of the performance that the Fund, based on its current index, would have generated. Since the
Index had an inception date of April 30, 2018, it was not in existence for all of the periods disclosed. The old index was terminated on
November 23, 2018, so performance data does not exist for these time periods.
(2)
The Dow Jones EPAC Select DividendTM Index measures the performance of a selected group of companies, from non-U.S. developed markets
(Europe, Pacific Asia, and Canada), that have provided relatively high dividend yields on a consistent basis over time.
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund generated a NAV return of 11.60% during the 12-month period covered by this report. During the same period, the MSCI World ex USA Index (the “Benchmark”) generated a return of 24.00%. The largest allocation during the period covered by this report was to investments in Canada. Investments in this country carried an average weight of 25.0%, but their performance was relatively flat, contributing only 1.0% to the Fund’s overall return. The country with the greatest contribution to the Fund’s return was Japan, which received an allocation of 18.8% and contributed 4.5% to the Fund’s return. Meanwhile, the greatest source of drag on the Fund’s return came from investments in Bermuda. The allocation to these securities was 2.9% and contributed -1.0% to the Fund’s overall return. The Fund’s currency exposure had a 2.9% impact on the Fund’s performance during the period covered by this report.

S&P International Dividend Aristocrats Index (“Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and has been licensed for use by First Trust. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by First Trust. The Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product nor do they have any liability for any errors, omissions, or interruptions of the Index.
Page 8

Fund Performance Overview (Unaudited) (Continued)
First Trust S&P International Dividend Aristocrats ETF (FID) (Continued)
Sector Allocation
% of Total
Long-Term
Investments
Financials
25.6%
Industrials
14.6
Utilities
13.7
Real Estate
12.3
Materials
7.8
Consumer Discretionary
6.8
Energy
5.7
Communication Services
4.8
Consumer Staples
4.1
Information Technology
3.4
Health Care
1.2
Total
100.0%
Country Allocation
% of Total
Investments
Canada
24.6%
Japan
22.9
Hong Kong
11.9
Switzerland
10.3
United Kingdom
7.7
Germany
4.4
Italy
3.8
Bermuda
2.5
France
2.0
Singapore
1.7
Ireland
1.3
Saudi Arabia
1.3
South Korea
1.3
Norway
1.2
Taiwan
1.2
Australia
1.0
China
0.9
Total
100.0%
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index.
Top Ten Holdings
% of Total
Long-Term
Investments
Adecco Group AG
2.7%
A2A S.p.A.
2.6
Lenovo Group Ltd.
2.2
Sumitomo Forestry Co., Ltd.
2.2
Toyo Tire Corp.
2.1
Toyo Seikan Group Holdings Ltd.
2.1
Bouygues S.A.
2.0
New World Development Co., Ltd.
1.7
BASF SE
1.7
Singapore Technologies Engineering Ltd.
1.7
Total
21.0%
Page 9

Fund Performance Overview (Unaudited) (Continued)
First Trust S&P International Dividend Aristocrats ETF (FID) (Continued)
Performance figures assume reinvestment of
all distributions and do not reflect the
deduction of taxes that a shareholder would
pay on Fund distributions or the redemption
or sale of Fund shares. An index is a statistical
composite that tracks a specified financial
market or sector. Unlike the Fund, the indices
do not actually hold a portfolio of securities
and therefore do not incur the expenses
incurred by the Fund. These expenses
negatively impact the performance of the
Fund. The Fund’s past performance does not
predict future performance.
Frequency Distribution of Discounts and Premiums
Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter) is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Page 10

Fund Performance Overview (Unaudited) (Continued)
First Trust BuyWrite Income ETF (FTHI)
The First Trust BuyWrite Income ETF (the “Fund”) is an actively managed exchange-traded fund. The Fund’s primary investment objective is to provide current income. The Fund’s secondary investment objective is to provide capital appreciation. Under normal market conditions, the Fund invests primarily in equity securities listed on U.S. exchanges. The Fund also employs an “option strategy” in which it will write (sell) U.S. exchange-traded call options on the S&P 500® Index (the “Index”) to seek additional cash flow in the form of premiums on the options that may be distributed to shareholders on a monthly basis. The equity securities held by the Fund are selected using a mathematical optimization process which attempts to favor higher dividend paying common stocks for the Fund’s portfolio. The shares of the Fund are listed and trade on Nasdaq, Inc. under the ticker symbol “FTHI.”
Portfolio Management Team
Portfolio management decisions are made under the direction of the following Portfolio Managers:
John Gambla, CFA, FRM, PRM, Senior Portfolio Manager of First Trust
Rob A. Guttschow, CFA, Senior Portfolio Manager of First Trust
Each portfolio manager has served in such capacity for the Fund since 2014.
Overall Market Recap
U.S. economic growth was strong during the fiscal period from October 1, 2022 to September 30, 2023. Real gross domestic product (“GDP”) grew by an average 2.30% (annualized) during the first three quarters of the fiscal period and forecasts as of September 30, 2023 from the Atlanta Fed GDPNow forecasting tool place third quarter 2023 GDP growth at a strong 4.92% annualized. The U.S. Labor market, as measured by the U.S. Bureau of Labor Statistics’ Nonfarm payroll release, showed strong employment growth during the fiscal period, with 3.19 million jobs created in the fiscal period. The robust growth in jobs has drawn more workers back into the economy as the U.S. Labor Force Participation Rate has increased by 0.5%, rising to 62.8%, the highest since February 2020, the month prior to the government-led COVID-19 shutdown. During the fiscal period, the strong jobs market translated into higher nominal wages, up 4.2% year-over-year (“Y-O-Y”), unfortunately, inflation resulted in real wages (aka wages adjusted for the level of inflation) declining over the fiscal period by 0.1%, the third year in a row where inflation adjusted wage growth was negative.
The Federal Reserve’s (the “Fed”) interest rate hiking program, which began in March of 2022, has successfully lowered inflation from a Y-O-Y peak of 9.1% in June of 2022 to the most recent Y-O-Y value of 3.7%. During the process, the short-term Federal Funds target rate has risen from 0.25% to 5.50%. Most, if not all, U.S. based interest rates have risen as the Federal Funds target rate has risen. Most pertinent to U.S. consumers is the increase in the 30-year conforming mortgage rate which, according to Bankrate.com, has risen by 0.74% during this fiscal period, and by 3.44% since February of 2022, just before the Fed began raising the Federal Funds target rate.
The U.S. equity market, as represented by the Index, rallied during this fiscal period, up 21.62%. Returns in the Index were particularly good for technology-related stocks, as the release of ChatGPT sparked a strong rally in technology stocks related to or doing business in the Artificial Intelligence industry. Bonds, as represented by the Bloomberg U.S. Aggregate Bond Index, were up slightly during the period (+0.64%) while riskier high yield bonds (Bloomberg U.S. Corporate High Yield Bond Index) were up 10.28%. Commodity markets declined with the Bloomberg Commodity Index down 1.30%.
Page 11

Fund Performance Overview (Unaudited) (Continued)
First Trust BuyWrite Income ETF (FTHI) (Continued)
Performance
 
 
Average Annual Total
Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
Inception
(1/6/14)
to 9/30/23
5 Years
Ended
9/30/23
Inception
(1/6/14)
to 9/30/23
Fund Performance
NAV
20.82%
3.35%
5.59%
17.88%
69.79%
Market Price
20.72%
3.39%
5.61%
18.15%
70.11%
Index Performance
CBOE S&P 500 BuyWrite Monthly Index(1)
14.62%
2.83%
5.30%
14.99%
65.24%
S&P 500® Index
21.62%
9.92%
11.25%
60.44%
182.13%
(1)
The CBOE S&P 500 BuyWrite Monthly Index is a benchmark index designed to track the performance of a hypothetical buy-write strategy on
the S&P 500® Index.
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund returned 20.72% on a market price basis and 20.82% on a NAV basis for the fiscal period from October 1, 2022, through September 30, 2023. The Fund’s benchmark, the CBOE S&P 500 BuyWrite Index (the “Benchmark”) returned 14.62% during the same period. During the fiscal period, the Fund paid a distribution in each month, with the total distribution for the fiscal period of $1.77 per share. The distribution per share as of the last payable date, September 29, 2023, was $0.157 per share.
The Fund tilts its equity holdings toward higher paying dividend stocks and attempts to limit the amount of overlap between the equity holdings and the Index. By limiting the overlap between the equity holdings and the Index, the Fund seeks to maintain the favorable tax treatment for any potential qualified dividend income that the Fund may receive in addition to maintaining the favorable tax treatment for any realized gains that may arise from turnover in the stock or options portfolio. The portfolio managers believe that a portfolio tilted toward higher dividend paying companies with solid cash flow fundamentals will, over time, offer investors attractive risk-adjusted total returns relative to the Index.
During the fiscal period, U.S. equity markets performed strongly as the general equity market, as measured by the Index, was up 21.62%. The Fund’s equity holdings outperformed the Index during the period adding additional relative return to shareholders. Relative returns for the period were positively affected by the Fund’s overweight in the Energy sector while an underweight in the Information Technology sector detracted a smaller amount from relative underperformance. The Fund, on average, held 6.60% of its portfolio in Energy stocks versus the Benchmark’s weight of 4.73%. Within the Information Technology sector, the largest sector within the Benchmark, the Fund’s average weight was 22.51% versus the Benchmark’s average weight of 25.35%. Stock selection within the Consumer Staples, Financials, and Information Technology sectors were a positive during the fiscal period while selection was a negative in the Communications Services and Energy sectors.
For the fiscal period, the Funds “option strategy” of selling Index call options outperformed the Benchmark’s option strategy. Both option strategies subtracted from total return during the fiscal period, but the Fund’s strategy of selling one-to-three-month options written slightly out-of-the-money with a structural over-write capped at 75% of Fund NAV significantly outperformed the Benchmark strategy of selling one-month, at-the-money calls on 100% of the NAV of the Benchmark. During strong equity markets, the ability to write out-of-the-money calls rather than at-the-money call options helped the Fund significantly outperform the Benchmark, while still generating significant option premium to help support the Fund’s distribution rate.
Market and Fund Outlook
Today, we believe the Fund is well positioned to achieve its primary and secondary investment objectives of providing current income and seeking capital appreciation. The Fund is invested in a broad array of U.S. equity securities with a market cap weighted dividend yield of 2.77% versus the Index’s dividend yield of 2.01%. As of the end of the fiscal period, the Fund’s option strategy was overwriting 67.9% of the Fund’s assets with an average time to expiration of 28 days. The combination of our dividend tilted equity holdings plus our options strategy provides a strong base that we believe will allow the Fund to generate attractive risk-adjusted total returns going forward and will be supportive of the Fund’s primary objective of providing current income.
Page 12

Fund Performance Overview (Unaudited) (Continued)
First Trust BuyWrite Income ETF (FTHI) (Continued)
Sector Allocation
% of Total
Long-Term
Investments
Information Technology
23.8%
Financials
14.4
Consumer Discretionary
12.6
Health Care
11.6
Communication Services
8.6
Consumer Staples
7.9
Industrials
6.9
Energy
6.1
Materials
3.5
Real Estate
3.1
Utilities
1.5
Total
100.0%
Fund Allocation
% of
Net Assets
Common Stocks
98.2%
Written Options
(0.4)
Net Other Assets and Liabilities
2.2
Total
100.0%
Top Ten Holdings
% of Total
Long-Term
Investments
Apple, Inc.
6.8%
Microsoft Corp.
6.4
Amazon.com, Inc.
3.4
NVIDIA Corp.
2.9
Alphabet, Inc., Class A
2.1
Berkshire Hathaway, Inc., Class B
1.9
Alphabet, Inc., Class C
1.9
Meta Platforms, Inc., Class A
1.8
Tesla, Inc.
1.7
Exxon Mobil Corp.
1.4
Total
30.3%
Performance figures assume reinvestment of
all distributions and do not reflect the
deduction of taxes that a shareholder would
pay on Fund distributions or the redemption
or sale of Fund shares. An index is a statistical
composite that tracks a specified financial
market or sector. Unlike the Fund, the indices
do not actually hold a portfolio of securities
and therefore do not incur the expenses
incurred by the Fund. These expenses
negatively impact the performance of the
Fund. The Fund’s past performance does not
predict future performance.
Frequency Distribution of Discounts and Premiums
Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter) is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Page 13

Fund Performance Overview (Unaudited) (Continued)
First Trust Nasdaq BuyWrite Income ETF (FTQI)
The First Trust Nasdaq BuyWrite Income ETF (the “Fund”) is an actively managed exchange-traded fund. The Fund’s investment objective is to provide current income. Under normal market conditions, the Fund will pursue its investment objective by investing primarily in equity securities listed on U.S. exchanges and by utilizing an option strategy consisting of writing (selling) U.S. exchange-traded call options on the Nasdaq-100 Index®. Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the components of the Nasdaq CompositeTM Index. The Fund will employ an option strategy in which it will write U.S. exchange-traded call options on the Nasdaq-100 Index® in order to seek additional cash flow in the form of premiums on the options. A premium is the income received by an investor who sells an option contract to another party. In exchange for the premiums received in connection with its written U.S. exchange-traded call options on the Nasdaq-100 Index®, the Fund forfeits any upside potential of the Nasdaq-100 Index® above the strike price of the written call options. It is expected that the Fund will distribute premiums to shareholders on a monthly basis. The premiums received from the sale of call options are expected to be the Fund’s primary source of income. Under normal market conditions, the Fund will seek to distribute the majority of the option premiums collected. The Fund does not target a specific income level, but seeks to provide investors with current income primarily from options premiums through writing calls with a notional value of 50-100% of the Fund’s assets. The shares of the Fund are listed and trade on Nasdaq, Inc. under the ticker symbol “FTQI.”
Portfolio Management Team
The following persons serve as portfolio managers of the Fund.
John Gambla, CFA, FRM, PRM, Senior Portfolio Manager of First Trust
Rob A. Guttschow, CFA, Senior Portfolio Manager of First Trust
Each portfolio manager has served in such capacity since 2014.
Overall Market Recap
U.S. economic growth was strong during the fiscal period from October 1, 2022 to September 30, 2023. Real gross domestic product (“GDP”) grew by an average 2.30% (annualized) during the first three quarters of the fiscal period and forecasts as of September 30, 2023 from the Atlanta Fed GDPNow forecasting tool place third quarter 2023 GDP growth at a strong 4.92% annualized. The U.S. Labor market, as measured by the U.S. Bureau of Labor Statistics’ Nonfarm payroll release, showed strong employment growth during the fiscal period, with 3.19 million jobs created in the fiscal period.  The robust growth in jobs has drawn more workers back into the economy as the U.S. Labor Force Participation Rate has increased by 0.5%, rising to 62.8%, the highest since February 2020, the month prior to the government-led COVID-19 shutdown. During the fiscal period, the strong jobs market translated into higher nominal wages, up 4.2% year-over-year (“Y-O-Y”), unfortunately, inflation resulted in real wages (aka wages adjusted for the level of inflation) declining over the fiscal period by 0.1%, the third year in a row where inflation adjusted wage growth was negative.
The Federal Reserve’s (the “Fed”) interest rate hiking program, which began in March of 2022, has successfully lowered inflation from a Y-O-Y peak of 9.1% in June of 2022 to the most recent Y-O-Y value of 3.7%. During the process, the short-term Federal Funds target rate has risen from 0.25% to 5.50%. Most, if not all, U.S. based interest rates have risen as the Federal Funds target rate has risen. Most pertinent to U.S. consumers is the increase in the 30-year conforming mortgage rate which, according to Bankrate.com, has risen by 0.74% during this fiscal period, and by 3.44% since February of 2022, just before the Fed began raising the Federal Funds target rate.
The U.S. equity market, as represented by the S&P 500® Index, rallied during the fiscal period, up 21.62%. Returns in the S&P 500® Index were particularly good for technology-related stocks, as the release of ChatGPT sparked a strong rally in technology stocks related to or doing business in the Artificial Intelligence (“AI”) industry. Bonds, as represented by the Bloomberg U.S. Aggregate Bond Index, were up slightly during the period (+0.64%) while riskier high yield bonds (Bloomberg U.S. Corporate High Yield Bond Index) were up 10.28%. Commodity markets declined with the Bloomberg Commodity Index down 1.30%.
Page 14

Fund Performance Overview (Unaudited) (Continued)
First Trust Nasdaq BuyWrite Income ETF (FTQI) (Continued)
Performance
 
 
Average Annual Total
Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
Inception
(1/6/14)
to 9/30/23
5 Years
Ended
9/30/23
Inception
(1/6/14)
to 9/30/23
Fund Performance
NAV
17.53%
1.65%
3.91%
8.53%
45.18%
Market Price
17.58%
1.69%
3.93%
8.76%
45.52%
Index Performance
CBOE Nasdaq-100 BuyWrite IndexSM(1)
20.46%
3.23%
6.41%
17.25%
83.11%
S&P 500® Index
21.62%
9.92%
11.25%
60.44%
182.13%
Nasdaq-100 Index®(2)
35.31%
15.06%
17.02%
101.70%
361.44%
(1)
The Cboe Nasdaq-100 BuyWrite IndexSM is a benchmark index designed to track the performance of a hypothetical buy-write strategy on the
Nasdaq-100 Index®. The index is a passive total return index based on (1) buying the Nasdaq-100 Index® stock index portfolio, and (2) “writing”
(or selling) the near-term Nasdaq-100 Index® “covered” call option.
(2)
On May 11, 2022, the Fund’s primary benchmark changed from the S&P 500® Index to the Nasdaq-100 Index® because the Advisor believes
that the Nasdaq-100 Index® better reflects the investment strategies of the Fund.
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund returned 17.58% on a market price basis and 17.53% on a NAV basis for the fiscal period from October 1, 2022 through September 30, 2023. The Fund’s benchmark, the CBOE Nasdaq-100 BuyWrite IndexSM (the “Benchmark”) returned 20.46% during the same period. The Benchmark’s underlying equity index, the Nasdaq-100 Index® (“underlying index” or Index) returned 35.31% during the period. During the fiscal period, the Fund paid a distribution in each month, with the total distribution for the fiscal period of $2.25 per share. The distribution per share as of the last payable date, September 29, 2023, was $0.198 per share.
The Fund’s equity holdings seek to earn a return that is reasonably correlated to the underlying index over a full market cycle by purchasing equity securities based upon a several factors such as liquidity, market capitalization, price level, sector classification, and contribution to risk and return. At the same time, the Fund seeks to limit the direct overlap with the underlying index. By limiting the overlap between the equity holdings and the Index, the Fund seeks to maintain the favorable tax treatment for any potential qualified dividend income that the Fund may receive in addition to maintaining the favorable tax treatment for any realized gains that may arise from turnover in the stock or options portfolio.
The Fund’s equity holdings underperformed the underlying index over the fiscal period. The underperformance was driven by the combination of the Fund’s sector allocation and the Fund’s stock selection within each sector. The largest negative impact on relative returns was the Fund’s stock selection within the Information Technology sector. The Fund was, on average, at Benchmark weight in the Information Technology sector; however, the Fund was underweighted relative to the Index’s weight in Technology stocks:NVDIA Corp., Microsoft Corp., and Amazon.com, Inc., which all rallied strongly with the release and market euphoria around ChatGPT and AI. Poor stock selection in the Industrials and Utilities sectors also weighed on relative returns for the Fund’s stock portfolio.
For the fiscal period, the Funds “option strategy” of selling Index based call options outperformed the Benchmark’s option strategy. Both option strategies subtracted from total return during the fiscal period, but the Fund’s strategy of selling one-to-three-month options written slightly out-of-the-money significantly outperformed the Benchmark strategy of selling one-month, at-the-money calls on 100% of the NAV of the Benchmark. During the fiscal periods strong equity market rally, the Fund was able to generate more than sufficient option premium to support the high dividend level by writing options that were slightly out-of-the-money and written at a notional level that was less than 100% of the Funds total NAV. Relative to the Benchmark’s 100% overwrite, at-the-money, the Fund’s option strategy allowed the Fund to more fully participate in the equity rally, providing positive relative performance versus the Benchmark.
Page 15

Fund Performance Overview (Unaudited) (Continued)
First Trust Nasdaq BuyWrite Income ETF (FTQI) (Continued)
Market and Fund Outlook
Today, we believe the Fund is well positioned to achieve its investment objective of providing current income to its shareholders. The Fund is invested in a broad array of U.S. equity securities with a market cap weighted dividend yield of 1.41%, matching the underlying index’s dividend yield of 1.40%. As of the end of the fiscal period, the Fund’s option strategy was overwriting 81.83% of the Fund’s assets with an average time to expiration of 26 days. The combination of the dividend yield of the underlying equities plus our options strategy provide a strong base that we believe will allow the Fund to generate attractive risk-adjusted total returns going forward and will be supportive of the Fund’s objective of providing current income.
Sector Allocation
% of Total
Long-Term
Investments
Information Technology
47.8%
Communication Services
15.0
Consumer Discretionary
9.3
Health Care
6.9
Consumer Staples
6.5
Financials
3.8
Industrials
3.0
Energy
2.4
Utilities
2.1
Real Estate
1.7
Materials
1.5
Total
100.0%
Fund Allocation
% of
Net Assets
Common Stocks
98.2%
Written Options
(1.2)
Net Other Assets and Liabilities
3.0
Total
100.0%
Top Ten Holdings
% of Total
Long-Term
Investments
Apple, Inc.
11.0%
Microsoft Corp.
9.6
Amazon.com, Inc.
4.5
NVIDIA Corp.
4.2
Meta Platforms, Inc., Class A
4.0
Tesla, Inc.
3.0
Broadcom, Inc.
3.0
Alphabet, Inc., Class C
2.3
Alphabet, Inc., Class A
2.3
Costco Wholesale Corp.
2.2
Total
46.1%
Performance figures assume reinvestment of
all distributions and do not reflect the
deduction of taxes that a shareholder would
pay on Fund distributions or the redemption
or sale of Fund shares. An index is a statistical
composite that tracks a specified financial
market or sector. Unlike the Fund, the indices
do not actually hold a portfolio of securities
and therefore do not incur the expenses
incurred by the Fund. These expenses
negatively impact the performance of the
Fund. The Fund’s past performance does not
predict future performance.
Frequency Distribution of Discounts and Premiums
Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter) is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Page 16

Fund Performance Overview (Unaudited) (Continued)
First Trust Rising Dividend Achievers ETF (RDVY)
The First Trust Rising Dividend Achievers ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called Nasdaq US Rising Dividend AchieversTM Index (the “Index”). The Fund normally invests at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the Index. The Index includes 50 U.S. exchange-traded equity securities, including securities issued by non-U.S. companies that trade on U.S. securities exchanges in the form of depositary receipts. The Index is designed to provide access to a diversified portfolio of small, mid and large capitalization companies with a history of raising their dividends while exhibiting the characteristics to continue to do so in the future by including companies with strong cash balances, low debt and increasing earnings. The shares of the Fund are listed and trade on Nasdaq, Inc. under the ticker symbol “RDVY.”
Performance
 
 
Average Annual Total
Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
Inception
(1/6/14)
to 9/30/23
5 Years
Ended
9/30/23
Inception
(1/6/14)
to 9/30/23
Fund Performance
NAV
21.22%
9.80%
10.97%
59.60%
175.49%
Market Price
21.21%
9.79%
10.98%
59.53%
175.53%
Index Performance
Nasdaq US Rising Dividend AchieversTM Index
21.88%
10.39%
11.56%
63.89%
190.06%
Dow Jones U.S. Select DividendTM Index(1)
4.84%
5.76%
8.63%
32.31%
123.72%
(1)
The Dow Jones U.S. Select DividendTM Index represents 100 of the United States’ leading stocks by dividend yield.
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund generated a NAV return of 21.22% during the 12-month period covered by this report. During the same period, the Dow Jones U.S. Select DividendTM Index (the “Benchmark”) generated a return of 4.84%. The sector with the greatest allocation in the Fund during the period covered by this report was the Financials sector. Investments in this sector carried an average weight of 38.1% and contributed 3.7% to the Fund’s overall return. The Information Technology sector had the greatest contribution to the Fund’s return, with an allocation of 20.5% and a contribution to return of 9.8%. Meanwhile, the 8.6% allocation to the Health Care sector had the most negative contribution to the Fund’s return, which caused a -0.6% drag on the Fund’s performance.

Nasdaq® and Nasdaq US Rising Dividend AchieversTM Index are registered trademarks and service marks of Nasdaq, Inc. (together with its affiliates hereinafter referred to as the “Corporations”) and are licensed for use by First Trust. The Fund has not been passed on by the Corporations as to its legality or suitability. The Fund is not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.
Page 17

Fund Performance Overview (Unaudited) (Continued)
First Trust Rising Dividend Achievers ETF (RDVY) (Continued)
Sector Allocation
% of Total
Long-Term
Investments
Financials
39.3%
Information Technology
16.0
Materials
12.3
Energy
12.3
Health Care
8.1
Industrials
4.1
Communication Services
3.9
Consumer Discretionary
2.0
Consumer Staples
2.0
Total
100.0%
Top Ten Holdings
% of Total
Long-Term
Investments
Steel Dynamics, Inc.
2.2%
CF Industries Holdings, Inc.
2.1
Humana, Inc.
2.1
Chord Energy Corp.
2.1
Mueller Industries, Inc.
2.1
Chevron Corp.
2.1
Exxon Mobil Corp.
2.1
Nucor Corp.
2.1
Lam Research Corp.
2.1
Reliance Steel & Aluminum Co.
2.1
Total
21.1%
Performance figures assume reinvestment of
all distributions and do not reflect the
deduction of taxes that a shareholder would
pay on Fund distributions or the redemption
or sale of Fund shares. An index is a statistical
composite that tracks a specified financial
market or sector. Unlike the Fund, the indices
do not actually hold a portfolio of securities
and therefore do not incur the expenses
incurred by the Fund. These expenses
negatively impact the performance of the
Fund. The Fund’s past performance does not
predict future performance.
Frequency Distribution of Discounts and Premiums
Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter) is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Page 18

Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright Focus 5 ETF (FV)
The First Trust Dorsey Wright Focus 5 ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Dorsey Wright Focus FiveTM Index (the “Index”). The Fund normally invests at least 90% of its net assets (including investment borrowings) in the exchange-traded funds (“ETFs”) that comprise the Index. The ETFs comprising the Index selection universe are advised by First Trust Advisors L.P. (“First Trust”), the Fund’s investment advisor. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC’s (the “Index Provider”) proprietary methodology, which takes into account the performance of each of the First Trust sector-based ETFs relative to one another. The Index is designed to provide targeted exposure to the five First Trust sector-based ETFs that the Index Provider believes offer the greatest potential to outperform the other ETFs in the selection universe and that satisfy certain trading volume and liquidity requirements. The shares of the Fund are listed and trade on Nasdaq, Inc. under the ticker symbol “FV.”
Performance
 
 
Average Annual Total
Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
Inception
(3/5/14)
to 9/30/23
5 Years
Ended
9/30/23
Inception
(3/5/14)
to 9/30/23
Fund Performance
NAV
8.63%
7.98%
9.17%
46.82%
131.59%
Market Price
8.76%
7.99%
9.17%
46.84%
131.70%
Index Performance
Dorsey Wright Focus FiveTM Index
9.10%
8.32%
9.56%
49.14%
139.56%
S&P 500® Index
21.62%
9.92%
11.11%
60.44%
174.05%
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund generated a NAV return of 8.63% during the 12-month period covered by this report. During the same period, the S&P 500® Index (the “Benchmark”) generated a return of 21.62%. The Fund’s greatest sector allocation was to the Consumer Staples sector. Investments in this sector carried an average weight of 18.0% and contributed 0.6% to the Fund’s return. The greatest contribution to return came from the Industrials sector which received an allocation of 16.2% and contributed 4.3% to the Fund’s return. The most negative contribution to the Fund’s return came from investments in the Financials sector, which caused a -4.4% drag on the Fund’s overall performance.

Nasdaq® and Dorsey Wright Focus FiveTM Index are registered trademarks and service marks of Nasdaq, Inc. (together with its affiliates hereinafter referred to as the “Corporations”) and are licensed for use by First Trust. The Fund has not been passed on by the Corporations as to its legality or suitability. The Fund is not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.
Page 19

Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright Focus 5 ETF (FV) (Continued)
Performance figures assume reinvestment of
all distributions and do not reflect the
deduction of taxes that a shareholder would
pay on Fund distributions or the redemption
or sale of Fund shares. An index is a statistical
composite that tracks a specified financial
market or sector. Unlike the Fund, the indices
do not actually hold a portfolio of securities
and therefore do not incur the expenses
incurred by the Fund. These expenses
negatively impact the performance of the
Fund. The Fund’s past performance does not
predict future performance.
Frequency Distribution of Discounts and Premiums
Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter) is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Page 20

Fund Performance Overview (Unaudited) (Continued)
First Trust RBA American Industrial Renaissance® ETF (AIRR)
The First Trust RBA American Industrial Renaissance® ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance® Index (the “Index”). The Fund normally invests at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Index is designed to measure the performance of small- and mid-cap U.S. companies in the industrial and community banking sectors. The shares of the Fund are listed and trade on Nasdaq, Inc. under the ticker symbol “AIRR.”
Performance
 
 
Average Annual Total
Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
Inception
(3/10/14)
to 9/30/23
5 Years
Ended
9/30/23
Inception
(3/10/14)
to 9/30/23
Fund Performance
NAV
35.41%
13.25%
10.70%
86.33%
164.18%
Market Price
35.31%
13.25%
10.70%
86.30%
164.34%
Index Performance
Richard Bernstein Advisors American Industrial
Renaissance® Index
36.45%
14.07%
11.54%
93.13%
183.98%
S&P 500® Index
21.62%
9.92%
11.10%
60.44%
173.47%
S&P 500® Industrials Index
24.58%
7.29%
9.01%
42.16%
128.15%
Russell 2500® Index
11.28%
4.55%
6.96%
24.89%
90.21%
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund generated a NAV return of 35.41% during the 12-month period covered by this report. During the same period, the S&P 500® Industrials Index (the “Benchmark”) generated a return of 24.58%. Investments in the Construction & Engineering industry received the greatest allocation in the Fund, with an allocation of 39.3%. These investments contributed 17.7% to the Fund’s overall return, the most of any industry. The Machinery industry received an allocation of 26.5% and contributed 9.0% to the Fund’s return. Investments in the Electrical Equipment industry received an allocation of 18.2% and contributed 9.1% to the Fund’s overall return. The industry with the worst contribution to the Fund’s return was Banks which caused a -1.6% drag on the Fund’s performance.

Richard Bernstein Advisors and Richard Bernstein Advisors American Industrial Renaissance® Index (“Index”) are trademarks and trade names of Richard Bernstein Advisors (“RBA”). The Fund is not sponsored, endorsed, sold or promoted by RBA and RBA makes no representation or warranty, express or implied, to the owners of the Fund or any member of the public regarding the advisability of trading in the Fund. RBA’s only relationship to First Trust is the licensing of certain trademarks and trade names of RBA and of the Index, which is determined, composed and calculated by RBA without regard to First Trust or the Fund. RBA has no obligation to take the needs of First Trust or the owners of the Fund into consideration in determining, composing or calculating the Index. RBA is not responsible for and has not participated in the determination of the timing of, prices at, or quantities of the Fund to be listed or in the determination or calculation of the equation by which the Fund is to be converted into cash. RBA has no obligation or liability in connection with the administration, marketing or trading of the Fund.
Page 21

Fund Performance Overview (Unaudited) (Continued)
First Trust RBA American Industrial Renaissance® ETF (AIRR) (Continued)
Sector Allocation
% of Total
Long-Term
Investments
Industrials
90.2%
Financials
9.8
Total
100.0%
Top Ten Holdings
% of Total
Long-Term
Investments
Sterling Infrastructure, Inc.
4.2%
Array Technologies, Inc.
3.9
EMCOR Group, Inc.
3.9
RBC Bearings, Inc.
3.8
Primoris Services Corp.
3.6
Encore Wire Corp.
3.6
SPX Technologies, Inc.
3.5
Comfort Systems USA, Inc.
3.5
Clean Harbors, Inc.
3.5
Federal Signal Corp.
3.3
Total
36.8%
Performance figures assume reinvestment of
all distributions and do not reflect the
deduction of taxes that a shareholder would
pay on Fund distributions or the redemption
or sale of Fund shares. An index is a statistical
composite that tracks a specified financial
market or sector. Unlike the Fund, the indices
do not actually hold a portfolio of securities
and therefore do not incur the expenses
incurred by the Fund. These expenses
negatively impact the performance of the
Fund. The Fund’s past performance does not
predict future performance.
Frequency Distribution of Discounts and Premiums
Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter) is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Page 22

Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV)
The First Trust Dorsey Wright Momentum & Dividend ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Dorsey Wright Momentum Plus Dividend YieldTM Index (the “Index”). Under normal conditions, the Fund invests at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Index is a rules-based equity index designed to track the overall performance of the 50 stocks with the highest dividend yield comprising the Nasdaq US Large Mid™ Index that still maintain high levels of “relative strength.” A relative strength analysis is a momentum-based investment strategy that emphasizes a security’s forward price momentum in the security selection process. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The shares of the Fund are listed and trade on Nasdaq, Inc. under the ticker symbol “DDIV.”
Performance
 
 
Average Annual Total
Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
Inception
(3/10/14)
to 9/30/23
5 Years
Ended
9/30/23
Inception
(3/10/14)
to 9/30/23
Fund Performance
NAV
7.48%
5.23%
6.46%
29.04%
81.97%
Market Price
7.48%
5.25%
6.47%
29.14%
82.05%
Index Performance
Dorsey Wright Momentum Plus Dividend YieldTM
Index(1)
8.33%
5.98%
N/A
33.72%
N/A
Dow Jones U.S. Select DividendTM Index(2)
4.84%
5.76%
8.48%
32.31%
117.75%
S&P 500® Index
21.62%
9.92%
11.10%
60.44%
173.47%
(1)
On September 6, 2018, the Fund’s underlying index changed from the Richard Bernstein Advisors Quality Income Index to the Dorsey Wright
Momentum Plus Dividend YieldTM Index (the “Index”). Therefore, the Fund’s performance and historical returns shown for the periods prior to
September 6, 2018, are not necessarily indicative of the performance that the Fund, based on its current index, would have generated. Since the
Index had an inception date of July 2, 2018, it was not in existence for all of the periods disclosed.
(2)
The Dow Jones U.S. Select DividendTM Index represents 100 of the United States’ leading stocks by dividend yield.
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund generated a NAV return of 7.48% during the 12-month period covered by this report. During the same period, the S&P 500® Index (the “Benchmark”) generated a return of 21.62%. The Fund invested the majority of its assets across three sectors. The Real Estate sector received an allocation of 26.0%, the Financials sector received an allocation of 21.8%, and the Energy received an allocation of 20.6%. No other sector received an allocation greater than 5.3%. The contributions to the Fund’s return from those three sectors were 3.0% from the Real Estate sector, -0.1% from the Financials sector, and 3.6% from the Energy sector, which was the greatest of any sector contribution in the Fund during the period covered by this report. Meanwhile, the most negative contribution to the Fund’s return were investments in the Consumer Discretionary sector which caused a -0.7% drag on the Fund’s performance.

Nasdaq® and Dorsey Wright Momentum Plus Dividend YieldTM Index are registered trademarks and service marks of Nasdaq, Inc. (together with its affiliates hereinafter referred to as the “Corporations”) and are licensed for use by First Trust. The Fund has not been passed on by the Corporations as to its legality or suitability. The Fund is not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.
Page 23

Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) (Continued)
Sector Allocation
% of Total
Long-Term
Investments
Financials
18.9%
Real Estate
18.3
Energy
13.7
Industrials
11.8
Consumer Discretionary
11.3
Information Technology
7.3
Utilities
6.7
Consumer Staples
3.8
Health Care
3.5
Materials
2.6
Communication Services
2.1
Total
100.0%
Top Ten Holdings
% of Total
Long-Term
Investments
Antero Midstream Corp.
5.7%
Blackstone, Inc.
3.9
VICI Properties, Inc.
3.9
Iron Mountain, Inc.
3.7
Old Republic International Corp.
3.6
Vistra Corp.
3.5
Kite Realty Group Trust
3.4
Southern (The) Co.
3.2
CubeSmart
3.2
Ares Management Corp., Class A
3.2
Total
37.3%
Performance figures assume reinvestment of
all distributions and do not reflect the
deduction of taxes that a shareholder would
pay on Fund distributions or the redemption
or sale of Fund shares. An index is a statistical
composite that tracks a specified financial
market or sector. Unlike the Fund, the indices
do not actually hold a portfolio of securities
and therefore do not incur the expenses
incurred by the Fund. These expenses
negatively impact the performance of the
Fund. The Fund’s past performance does not
predict future performance.
Frequency Distribution of Discounts and Premiums
Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter) is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Page 24

Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright International Focus 5 ETF (IFV)
The First Trust Dorsey Wright International Focus 5 ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Dorsey Wright International Focus FiveTM Index (the “Index”). The Fund normally invests at least 90% of its net assets (including investment borrowings) in the exchange-traded funds (“ETFs”) that comprise the Index. The ETFs comprising the Index selection universe are advised by First Trust Advisors L.P. (“First Trust”), the Fund’s investment advisor. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC’s (the “Index Provider”) proprietary methodology, which takes into account the performance of certain First Trust international ETFs relative to one another. The Index is designed to provide targeted exposure to the five First Trust country/region-based ETFs that the Index Provider believes offer the greatest potential to outperform the other ETFs in the selection universe. The shares of the Fund are listed and trade on Nasdaq, Inc. under the ticker symbol “IFV.”
Performance
 
 
Average Annual Total
Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
Inception
(7/22/14)
to 9/30/23
5 Years
Ended
9/30/23
Inception
(7/22/14)
to 9/30/23
Fund Performance
NAV
14.03%
-0.23%
0.60%
-1.17%
5.62%
Market Price
13.90%
-0.22%
0.59%
-1.07%
5.57%
Index Performance
Dorsey Wright International Focus FiveTM Index
14.56%
0.30%
1.02%
1.49%
9.79%
MSCI ACWI ex USA Index
20.39%
2.58%
2.49%
13.57%
25.32%
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund generated a NAV return of 14.03% during the 12-month period covered by this report. During the same period, the MSCI ACWI ex USA Index (the “Benchmark”) generated a return of 20.39%. The Fund’s greatest allocations were 20.8% to India, which contributed 4.6% to the Fund’s return; 18.7% to Switzerland, which contributed 4.8% to the Fund’s return; 18.1% to Japan, which contributed 4.7% to the Fund’s return; and 15.2% to Brazil, which contributed 1.5% to Fund’s return. A source of negative return did exist in the allocation to securities of companies incorporated in the Cayman Islands. These investments caused a -1.0% drag on the Fund’s return. The Fund’s currency exposure had a 2.1% impact on performance during the period covered by this report.

Nasdaq® and Dorsey Wright International Focus FiveTM Index are registered trademarks and service marks of Nasdaq, Inc. (together with its affiliates hereinafter referred to as the “Corporations”) and are licensed for use by First Trust. The Fund has not been passed on by the Corporations as to its legality or suitability. The Fund is not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.
Page 25

Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright International Focus 5 ETF (IFV) (Continued)
Performance figures assume reinvestment of
all distributions and do not reflect the
deduction of taxes that a shareholder would
pay on Fund distributions or the redemption
or sale of Fund shares. An index is a statistical
composite that tracks a specified financial
market or sector. Unlike the Fund, the indices
do not actually hold a portfolio of securities
and therefore do not incur the expenses
incurred by the Fund. These expenses
negatively impact the performance of the
Fund. The Fund’s past performance does not
predict future performance.
Frequency Distribution of Discounts and Premiums
Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter) is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Page 26

Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC)
The First Trust Dorsey Wright Dynamic Focus 5 ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Dorsey Wright Dynamic Focus FiveTM Index (the “Index”). The Fund normally invests at least 80% of its net assets (including investment borrowings) in the exchange-traded funds (“ETFs”) that comprise the Index, including the First Trust Enhanced Short Maturity ETF (“FTSM”), an ultra-short duration ETF. The ETFs comprising the Index selection universe are advised by First Trust Advisors L.P. (“First Trust”), the Fund’s investment advisor. The Index is constructed pursuant to Dorsey, Wright & Associates, LLC’s (the “Index Provider”) proprietary methodology, which takes into account the performance of each of the First Trust sector and industry-based ETFs relative to one another. The Index is designed to provide targeted exposure to the five First Trust sector and industry-based ETFs that the Index Provider determines offer the greatest potential to outperform the other First Trust sector and industry-based ETFs and that satisfy certain trading volume and liquidity requirements. In addition to the First Trust sector and industry-based ETFs, the Index may select FTSM. FTSM is also evaluated and its inclusion and weight in the Index is adjusted based upon its rank relative to the selection universe of sector and industry-based ETFs chosen by the Index. The shares of the Fund are listed and trade on Nasdaq, Inc. under the ticker symbol “FVC.”
Performance
 
 
Average Annual Total
Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
Inception
(3/17/16)
to 9/30/23
5 Years
Ended
9/30/23
Inception
(3/17/16)
to 9/30/23
Fund Performance
NAV
-4.49%
2.52%
6.90%
13.23%
65.37%
Market Price
-4.60%
2.53%
6.90%
13.31%
65.42%
Index Performance
Dorsey Wright Dynamic Focus FiveTM Index
-3.90%
2.90%
7.29%
15.36%
69.93%
S&P 500® Index
21.62%
9.92%
12.38%
60.44%
141.10%
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund generated a NAV return of -4.49% during the 12-month period covered by this report. During the same period, the S&P 500® Index (the “Benchmark”) generated a return of 21.62%. The Fund allocated 37.5% to fixed-income, which had a near-zero contribution to the Fund’s return during the period covered by this report. The Fund’s greatest sources of positive performance came from investments in the Energy and Industrials sectors, two sectors which each contributed 0.8% to the Fund’s return. Meanwhile, the Fund’s allocation to the Financials sector resulted in a -4.2% contribution to the Fund’s return.

Nasdaq® and Dorsey Wright Focus FiveTM Index are registered trademarks and service marks of Nasdaq, Inc. (together with its affiliates hereinafter referred to as the “Corporations”) and are licensed for use by First Trust. The Fund has not been passed on by the Corporations as to its legality or suitability. The Fund is not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND.
Page 27

Fund Performance Overview (Unaudited) (Continued)
First Trust Dorsey Wright Dynamic Focus 5 ETF (FVC) (Continued)
Performance figures assume reinvestment of
all distributions and do not reflect the
deduction of taxes that a shareholder would
pay on Fund distributions or the redemption
or sale of Fund shares. An index is a statistical
composite that tracks a specified financial
market or sector. Unlike the Fund, the indices
do not actually hold a portfolio of securities
and therefore do not incur the expenses
incurred by the Fund. These expenses
negatively impact the performance of the
Fund. The Fund’s past performance does not
predict future performance.
Frequency Distribution of Discounts and Premiums
Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter) is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Page 28

Fund Performance Overview (Unaudited) (Continued)
First Trust Indxx Innovative Transaction & Process ETF (LEGR)
The First Trust Indxx Innovative Transaction & Process ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Indxx Blockchain Index (the “Index”). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the Index. The Index is designed to track the performance of companies that are either actively using, investing in, developing, or have products that are poised to benefit from blockchain technology and/or the potential for increased efficiency that it provides to various business processes. The Index seeks to include only companies that have devoted material resources to the use of blockchain technologies. The shares of the Fund are listed and traded on Nasdaq, Inc., under the ticker symbol “LEGR.”
Performance
 
 
Average Annual Total
Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
Inception
(1/24/18)
to 9/30/23
5 Years
Ended
9/30/23
Inception
(1/24/18)
to 9/30/23
Fund Performance
NAV
25.13%
6.28%
5.85%
35.63%
38.16%
Market Price
24.90%
6.13%
5.76%
34.63%
37.50%
Index Performance
Indxx Blockchain Index
26.12%
7.25%
6.83%
41.90%
45.54%
S&P 500® Index
21.62%
9.92%
9.44%
60.44%
67.00%
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund generated a NAV return of 25.13% during the 12-month period covered by this report. During the same period, the S&P 500® Index (the “Benchmark”) generated a return of 21.62%. The bulk of the Fund’s investment went to two sectors:the Financials sector, which received an allocation of 36.7% and contributed 8.1% to the Fund’s return; and the Information Technology sector, which received an allocation of 31.2% and contributed 11.5% to the Fund’s return. No sector allocation had a negative contribution to the Fund’s return during the period covered by this report. The Fund’s currency exposure had a 2.6% impact on performance during the period covered by this report.

Indxx and Indxx Blockchain Index (“Index”) are trademarks of Indxx, Inc. (“Indxx”) and have been licensed for use for certain purposes by First Trust. The Fund is not sponsored, endorsed, sold or promoted by Indxx, and Indxx makes no representation regarding the advisability of trading in such product. The Index is determined, composed and calculated by Indxx without regard to First Trust or the Fund.
Page 29

Fund Performance Overview (Unaudited) (Continued)
First Trust Indxx Innovative Transaction & Process ETF (LEGR) (Continued)
Sector Allocation
% of Total
Long-Term
Investments
Financials
39.9%
Information Technology
27.9
Communication Services
9.9
Consumer Discretionary
8.7
Industrials
5.2
Utilities
3.0
Materials
1.7
Consumer Staples
1.6
Health Care
1.3
Energy
0.8
Total
100.0%
Country Allocation
% of Total
Investments
United States
37.6%
Germany
8.0
India
7.9
China
6.9
United Kingdom
5.1
Cayman Islands
4.7
France
4.4
Switzerland
3.0
Spain
2.5
Australia
2.5
United Arab Emirates
2.3
Finland
2.2
Japan
2.1
South Korea
2.0
Hong Kong
1.5
Netherlands
1.5
Taiwan
1.3
Ireland
1.3
Austria
0.8
Denmark
0.8
Singapore
0.8
Canada
0.8
Russia
0.0
Total
100.0%
Portfolio securities are categorized based upon their country
of incorporation, which can be different from the country
categorization of the Fund’s underlying index.
Amount is less than 0.1%.
Top Ten Holdings
% of Total
Long-Term
Investments
Emirates Telecommunications Group Co. PJSC
1.5%
AT&T, Inc.
1.4
China CITIC Bank Corp., Ltd., Class H
1.4
Tata Consultancy Services Ltd.
1.4
Nordea Bank Abp
1.4
VMware, Inc., Class A
1.4
Honeywell International, Inc.
1.4
Industrial & Commercial Bank of China Ltd.,
Class H
1.4
ICICI Bank Ltd., ADR
1.4
Swisscom AG
1.4
Total
14.1%
Page 30

Fund Performance Overview (Unaudited) (Continued)
First Trust Indxx Innovative Transaction & Process ETF (LEGR) (Continued)
Performance figures assume reinvestment of
all distributions and do not reflect the
deduction of taxes that a shareholder would
pay on Fund distributions or the redemption
or sale of Fund shares. An index is a statistical
composite that tracks a specified financial
market or sector. Unlike the Fund, the indices
do not actually hold a portfolio of securities
and therefore do not incur the expenses
incurred by the Fund. These expenses
negatively impact the performance of the
Fund. The Fund’s past performance does not
predict future performance.
Frequency Distribution of Discounts and Premiums
Information showing the number of days the market price of the Fund’s shares was greater (at a premium) and less (at a discount) than the Fund’s net asset value for the most recently completed year, and the most recently completed calendar quarters since that year (or life of the Fund, if shorter) is available at https://www.ftportfolios.com/Retail/etf/home.aspx.
Page 31

Fund Performance Overview (Unaudited) (Continued)
First Trust Nasdaq Artificial Intelligence and Robotics ETF (ROBT)
The First Trust Nasdaq Artificial Intelligence and Robotics ETF (the “Fund”) seeks investment results that correspond generally to the price and yield (before the Fund’s fees and expenses) of an index called the Nasdaq CTA Artificial Intelligence and RoboticsTM Index (the “Index”). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the Index. The Index is designed to track the performance of companies engaged in the artificial intelligence and robotics segments of the technology, industrial and other economic sectors. The shares of the Fund are listed and traded on Nasdaq, Inc., under the ticker symbol “ROBT.”
Performance
 
 
Average Annual Total
Returns
Cumulative Total Returns
 
1 Year
Ended
9/30/23
5 Years
Ended
9/30/23
Inception
(2/21/18)
to 9/30/23
5 Years
Ended
9/30/23
Inception
(2/21/18)
to 9/30/23
Fund Performance
NAV
20.51%
4.89%
5.82%
26.96%
37.30%
Market Price
20.85%
4.92%
5.86%
27.16%
37.60%
Index Performance
Nasdaq CTA Artificial Intelligence and RoboticsTM
Index
21.02%
5.55%
6.49%
31.03%
42.28%
S&P 500® Index
21.62%
9.92%
10.51%
60.44%
75.10%
(See Notes to Fund Performance Overview on page 36.)
Performance Review
The Fund generated a NAV return of 20.51% during the 12-month period covered by this report. During the same period, the S&P 500® Index (the “Benchmark”) generated a return of 21.62%. The most significant driver of return came from the Software industry, which by far had the greatest allocation in the Fund. Investments in this industry carried an average weight in the Fund of 32.4% and contributed 10.3% to the Fund’s performance. The greatest drag on the Fund’s return came from the Life Sciences Tools & Services industry. The allocation to this industry included only two securities and their contribution to the Fund’s return was -0.6%. The Fund’s currency exposure had a 1.6% impact on performance during the period covered by this report.

Nasdaq® and Nasdaq CTA Artificial Intelligence and RoboticsTM Index are registered trademarks and service marks of Nasdaq, Inc. (together with its affiliates hereinafter referred to as the “Corporations”) and are licensed for use by First Trust. The Fund has not been passed on by the Corporations as to its legality or suitability. The Fund is not issued, endorsed, sold or promoted by the Corporations. THE CORPORATIONS MAKE